Anglo-Eastern Plantations PLC Dividend Declaration (7464N)
May 22 2020 - 3:22AM
UK Regulatory
TIDMAEP
RNS Number : 7464N
Anglo-Eastern Plantations PLC
22 May 2020
Anglo-Eastern Plantations Plc
("AEP" or the "Company")
Final dividend - determination of US$ Dollar equivalent and
Dividend Reinvestment Plan
Further to the announcement made by AEP on 20 May 2020, the
Company is announcing further details in respect of the US dollar
equivalent and Dividend Reinvestment Plan for the final
dividend.
As was announced on 20 May 2020, the Company proposes to pay a
final dividend of 0.5cts per share in respect of the year ended 31
December 2019 (2018: 3.0cts). Subject to the approval by
shareholders at the Annual General Meeting, the final dividend will
be paid on 17 July 2020 to those shareholders on the register on 12
June 2020.
In addition, the Company announced that shareholders can choose
to receive dividends in Pounds Sterling and they can do so at the
rate ruling on 12 June 2020, being the dividend record date. In the
absence of any specific instruction up to the date of closing of
the register on 12 June 2020, shareholders with addresses in the UK
are deemed to have elected to receive their dividends in Sterling
and those with addresses outside of UK in US Dollar. Today the
Company announces that based on the exchange rate at 6 May 2020 of
$1.24/GBP, the proposed dividend is equivalent to 0.4p (2018:
2.3p). The last day to elect to receive or revoke a currency
election is 17 June 2020.
The Company operates a dividend re-investment plan ("DRIP").
Holders of shares may elect to reinvest their final dividend. The
latest election date is 17 June 2020.
Should you require further assistance, please contact
Computershare on 0370 703 0164. The helpline is open between 8.30
a.m. and 5.30 p.m., Monday to Friday, excluding public holidays in
England and Wales. Please note that Computershare cannot provide
any financial, legal or tax advice and calls may be recorded and
monitored for security and training purposes .
For further enquiries, contact:
Anglo-Eastern Plantations Plc
Dato' John Lim Ewe Chuan +44 (0)20 7216 4621
Panmure Gordon (UK) Limited
Dominic Morley +44 (0)20 7886 2954
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contact rns@lseg.com or visit www.rns.com.
END
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